Share to FacebookShare to TwitterShare to LinkedinTopline The Secret Service told reporters Friday it recovered $286 million in Covid-19 relief loans meant for small businesses that were stolen by fraudsters, according to multiple outlets, adding to the total of billions of dollars in pandemic relief funds that investigators say were fraudulently obtained. Attorney General Merrick…
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely…
Sports’ all-time earnings leaders include two soccer stars, a tennis pro, an NBA forward, a prize fighter and a golf legend. Phil Mickelson’s rumored $200 million contract with the Saudi-backed LIV Golf tour is the latest, and largest, example of the value that sports leagues, brands and even sovereign wealth funds see in aligning themselves…
Share to FacebookShare to TwitterShare to LinkedinTopline The Euro fell below parity with the U.S. dollar on Monday for the second time this year as the Eurozone continues to face rising inflation while it prepares for a potential energy crisis this winter amid concerns of Russia squeezing supply of natural gas. The value of the…
Share to FacebookShare to TwitterShare to LinkedinTopline Apple has warned of serious security flaws for iPhones, iPads and Macs that could allow hackers to take complete control of devices and may have been “actively exploited,” urging customers to update their devices as soon as possible in a rare admission from the tech giant that takes…
Share to FacebookShare to TwitterShare to Linkedin Jennette McCurdy Brian Kimsley/Simon & Schuster Whether you followed her rise to stardom as a young comedy actor or not, Jennette McCurdy has defiantly overcome the many hardships put in her path over the years and is now so deservingly getting the last laugh. Her candid, new memoir…
Share to FacebookShare to TwitterShare to LinkedinTopline Readers are propelling The Satanic Verses and other books by Salman Rushdie to the top of bestseller lists decades after they were published, in the wake of a stabbing attack Friday that ignited renewed interest in his work. Salman Rushdie was attacked on Friday. Getty Images Key Facts…
Share to FacebookShare to TwitterShare to Linkedin President Joe Biden (Photo by Samuel Corum/Getty Images) Getty Images President Joe Biden will cancel $3.9 billion of student loans. Here’s what you need to know — and what it means for your student loans. Student Loans The Biden administration announced today that it will discharge all remaining…
Serial entrepreneur Bill Smith launched Landing in 2019. The furnished apartment rental firm expects $200 million in revenue this year by catering to the work-from-anywhere generation. Bill Smith steers his midnight silver Tesla X through the streets of downtown Birmingham, Alabama, and pulls into a low-rise apartment complex. “This used to be a brothel 100…
Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its first electric car, Elon Musk published his first “Master Plan” for the company with a singular goal: transform the environmentally unfriendly…
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